Litcamp

Analysis

Litcamp is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2024, Litcamp reported income of $293k and spending of $260k, spending 89% of its income. Across the 2 years on record, from April 2023 to April 2024, income grew from $204k to $293k (+44%), an average of +44% a year. The sharpest change came in the year to April 2024, when income rose by 44%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Litcamp sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include Woodridge Foundation ($293k), William Taylor Foundation ($293k) and Carrollton-Farmers Branch Indep SCHL Dist Educ Foundation ($293k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 7.4% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $31k (12% of expenses). At year end it held assets of $101k against liabilities of $10k, net assets of $91k.